Internship
Marex Overview
Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access, and infrastructure services to clients across energy, commodities, and financial markets. The group offers comprehensive coverage across four core services: clearing, agency and execution, market making, and hedging, as well as investment solutions. Marex has a leading franchise in major metals, energy, and agricultural products, with access to 60 exchanges. The global presence includes over 40 offices and more than 2,400 employees across Europe, Asia-Pacific, and the Americas.
Department Description
Marex Solutions is one of Marex's four segments. The team is diverse, with individuals from a range of banking and trading backgrounds, who share a common vision and drive for delivering outstanding, innovative solutions to clients. We encourage creativity, innovation, and a strong "can-do" attitude.
Role Summary
We are looking for a highly motivated final-year engineering or quantitative finance student to join the Cross-Asset Structuring team in London or Paris for a 6-month internship. The focus will be on Quantitative Investment Strategies (QIS), working alongside structurers, quants, and traders on the design, analysis, and implementation of systematic investment strategies, particularly in Commodities, Digital Assets, and X-Asset Volatility. The internship may also cover a range of products such as structured derivatives across equities, rates, credit, commodities, FX, and crypto.
What We Offer
- Immersion in a front-office structuring environment
- Exposure to real-time product design and strategy implementation
- Mentorship from senior structurers and traders
- Access to live market data and structured product pipelines
- Potential full-time opportunities for strong performers
Overall Responsibilities
- Assist in the design and documentation of QIS indices and systematic strategies
- Support structurers in translating trading ideas into robust, indexable frameworks
- Perform quantitative analysis, backtesting, and scenario analysis of strategies
- Analyze volatility, correlation, and cross-asset dynamics relevant to structured products
- Contribute to payoff engineering for structured notes and OTC derivatives
- Prepare internal memos, presentations, and client-facing materials
- Interact closely with trading desks to ensure hedgeability and the right modeling & risk assessment
- Support governance, index rules drafting, and lifecycle monitoring of strategies
- Ensure compliance with the company’s regulatory requirements under the FCA
- Adhere to the operational risk framework ensuring compliance
- Role model for demonstrating highest levels of integrity and conduct in line with Company Values
- Comply with internal policies and report any breaches of policy to Compliance and/or your supervisor
- Provide input to risk management processes, as required
Skills and Experience
- Final-year student (3A) in an engineering school or Master's programme
- Quantitative Finance Masters: M2 Probabilités et Finance (El Karoui), M2 Laure Elie, or equivalent
- Strong academic record in mathematics, statistics, and computer science
- Excellent written and verbal communication skills in English
Competencies
- Mathematics: Stochastic calculus, PDEs, probability theory, numerical methods, optimization
- Machine Learning: Deep learning fundamentals (CNNs, RNNs, Transformers), PyTorch or TensorFlow, basics of reinforcement learning
- Programming: Advanced Python, experience with NumPy, Pandas, SciPy; C++ is a plus
- Finance: Derivatives pricing theory, Black-Scholes framework, volatility modeling; exposure to exotic products is a plus
- Ability to communicate complex ideas clearly
- Strong analytical and problem-solving abilities
- Curiosity and ability to innovate
- Enthusiasm for Crypto as an asset class is a plus
- Ability to work independently while collaborating effectively with sales, traders, and quants
Conduct Rules
- Act with integrity
- Act with due skill, care, and diligence
- Be open and cooperative with the FCA, the PRA, and other regulators
- Pay due regard to the interests of customers and treat them fairly
- Observe proper standard of market conduct
- Act to deliver good outcomes for retail customers
Company Values
Our values are a core part of what makes us successful:
Respect
Clients are at the heart of our business, with superior execution and superb client service. We respect our clients and always treat them fairly.
Integrity
Doing business the right way is the only way. We uphold high ethical standards in everything we do.
Collaborative
We work in teams, promoting open and direct communication. Working collaboratively is essential for our success.
Developing Our People
Our people are the basis of our competitive advantage. We aim to "grow our own" and make Marex the place for ambitious, talented people to build their careers.
Adaptable and Nimble
Our size and flexibility are advantages. We support clients' diverse needs and respond swiftly to changing conditions, fostering initiative and satisfaction in a well-controlled environment.
Marex is committed to eliminating unlawful or unfair discrimination and appreciates the diversity that a varied workforce brings.
More Details
Locations
London
